Welcome
Data Mesh Myths vs Reality : How are FS organisations using data management, automation and analytics to drive business transformation?
Sponsored by Hitachi Vantara
Thursday 24 February 2022, 12:30
Zoom
Data management has always been a critical challenge for financial services firms, but the last two years have led to a dizzying surge in the volumes of data across the industry and brought with them an ever-multiplying list of data-led initiatives.
Increasing demands are being placed on business leaders to leverage the insights within their data to deliver digital products and services and meet increasingly complex governance and regulatory requirements while at the same time drive data and digital transformation programmes. None of this is easy, but it becomes even more difficult when data is stuck in silos across creaking legacy systems and senior leaders are focussed on efficiencies and customer outcomes.
As a result, many organisations are struggling to provide teams with the kind of data integration, connectivity and access needed to compete with the digital disruptors.
To combat this risk, many are exploring the concept of a data mesh, which combines methodology and new technology to form a layer of data connectivity across different business units and enable improved visibility, analytics, and automation for a wide range of processes ranging from more personalised digital services to regulatory compliance.
This digital roundtable featuring subject matter expert Suranjan Som, Vice President, Financial Services Leader EMEA at Hitachi Vantara will explore the key challenges for financial services firms as they look to connect and leverage their data to drive business transformation and look at the myths and realities surrounding the concept of a data mesh and how it can be deployed.
Topics for discussion:
- What are the key pain points for FS organisations in tackling data silos and connecting up data from different sources across the business?
- How are FS leaders using data transformation as part of a wider business growth strategy?
- How are FS organisations integrating a data mesh as part of a data-led transformation strategy and what are the main myths and reality surrounding this approach?
- How are FS organisations adapting data management strategies to meet the rise in customer demand for digital products and services?
- What are the key data governance and compliance risks for FS leaders in sharing data across business areas, geographies and with third parties?
- How are FS organisations leading data transformation programmes around existing legacy infrastructure?
Timings:
12:30 – 12:40 Editor’s Welcome
12:40 – 14:00 Topic Discussion
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